DEV 2.50% 19.5¢ devex resources limited

Uranium Spot Price, page-38

  1. 3,664 Posts.
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    Brobel great post. Id love to understand a bit better Devs exposure to Uranium via Narberlek and its U40 prospect and just how strongly leveraged Dev remains to benefit from this uranium market run. Looking at some of these other U companies like AGE and so forth and their market caps and recent mkt appreciation im wondering just how undervalued things might be here at Dev at the moment.

    Although Dev may have run a bit the last few days there's pretty much zero value factored into the share price for its Uranium exposure.

    "DevEx remains strongly leveraged to benefit in an improving uranium market".

    i did note this on the website and wonder what dev might look like from a mkt cap perspective in the coming weeks if things continue to play out . Reading some of the comments surrounding Sprott and its SPUT some are suggesting we haven't seen anything yet. Sprott have some 280,000 investors and $12bn across other physical gold silver platinum palladium trusts. These investors are lining up to get exposure into SPUT there's even an application for this trust to list in the US awaiting approval.

    This could all go completely berserk such is the renewed interest in Uranium as a source of energy moving forward for all the obvious reasons.

    I can only conclude that Dev right now is about to undertake a significant jump in its valuation. This could run HUGE in the coming days .

    Thoughts ?




 
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19.5¢
Change
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